Envestnet Portfolio Solutions Inc. Purchases 282 Shares of AB Short Duration High Yield ETF (NYSEARCA:SYFI)

Envestnet Portfolio Solutions Inc. increased its stake in shares of AB Short Duration High Yield ETF (NYSEARCA:SYFI) by 4.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,506 shares of the company’s stock after acquiring an additional 282 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in AB Short Duration High Yield ETF were worth $232,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Raymond James Financial Inc. bought a new position in shares of AB Short Duration High Yield ETF during the 4th quarter worth approximately $33,096,000. RMR Capital Management LLC boosted its position in shares of AB Short Duration High Yield ETF by 259.1% in the 4th quarter. RMR Capital Management LLC now owns 118,313 shares of the company’s stock worth $4,220,000 after purchasing an additional 85,363 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in shares of AB Short Duration High Yield ETF in the 4th quarter valued at about $1,086,000. D.A. Davidson & CO. increased its stake in AB Short Duration High Yield ETF by 200.9% in the fourth quarter. D.A. Davidson & CO. now owns 44,676 shares of the company’s stock valued at $1,594,000 after purchasing an additional 29,830 shares in the last quarter. Finally, EverSource Wealth Advisors LLC bought a new stake in shares of AB Short Duration High Yield ETF in the 4th quarter valued at $882,000.

AB Short Duration High Yield ETF Trading Down 0.2 %

NYSEARCA:SYFI opened at $35.54 on Friday. AB Short Duration High Yield ETF has a fifty-two week low of $34.82 and a fifty-two week high of $36.29. The business’s 50-day simple moving average is $35.93 and its 200-day simple moving average is $35.83.

AB Short Duration High Yield ETF Company Profile

The AB Short Duration High Yield ETF (SYFI) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund of global fixed income securities, primarily with below investment grade ratings, of any maturities. It aims to maintain a dollar-weighted average portfolio duration of less than four years.